Current debt authorized.

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331.477 Current debt authorized.

A debt payable from resources which will have accrued in a fund by the end of the fiscal year in which the debt is incurred may be authorized only by resolution of the board. The debt may take the form of:

1. Anticipatory warrants subject to chapter 74.

2. Loans from other county funds.

3. Other formal short-term debt instruments or obligations.

83 Acts, ch 123, §24, 209

Referred to in §331.432


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